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1) Apple Inc. recently paid a $3.30 annual dividend on its common stock, which is expected to increase at an average rate of 12% per
1) Apple Inc. recently paid a $3.30 annual dividend on its common stock, which is expected to increase at an average rate of 12% per year. If the stock is currently trading for $135 per share, what is its market rate of return?
2) The next annual dividend payment by Bristol-Myers Squibb is expected to be $7.90 per share. The dividends are anticipated to maintain a 8.5% growth rate per year for the foreseeable future and the stock currently sells for $66 per share. What is the annual dividend yield?
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